BEIRUT, 31 July 2022, (TON): Lebanese parliament speaker Nabih Berri said “he would not call for a session to elect a new president until the legislature passes reforms that are preconditions for an International Monetary Fund bailout.”
An IMF deal is seen as the only way for Lebanon to recover from a financial meltdown that has plunged the country into its most destabilising crisis since the 1975-90 civil war.
President Michel Aoun’s six-year term ends on Oct. 31, and top politicians have voiced concern about no successor being found warning of even greater institutional deadlock given that Lebanon has also been without a fully functioning government since May.
Berri said during a meeting with journalists “I will not call for a presidential election session until after the reform laws required by the IMF have been adopted.”
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